The West Loses Full-Time Jobs
Goods-Producing Industries Cut Jobs
Canadaâ€™s beleaguered manufacturing sector lost a further 3,500 jobs in October. Employment also fell by 1,900 in natural resources, 1,900 in agriculture, and 700 in construction.
Saskatchewan Bucks the Western Trend
Although more part-time jobs increased total employment, western Canada lost full-time jobs in October. Specifically, British Columbia lost 4,000, Alberta lost 3,500, and Manitoba lost 1,500. The notable exception was Saskatchewan, which replaced part-time employment with full-time employment. Saskatchewan gained 4,700 full-time jobs in October.
Ontario Employment: A Closer Look
More than half of Canadaâ€™s job growth occurred in Ontario. However, these employment statistics were hugely inflated by part-time work and self-employment. Ontario gained 25,900 part-time positions, but only 6,400 full-time positions. While 24,800 Ontarians took up self-employment, only 6,500 found jobs paid by an employer. By either measure, the provinceâ€™s labour market has performed only one-fifth as well as the aggregate figures might imply.
Wage Growth Promising
Following two decades of anemic wage growth, average hourly wages rose at an annual rate of more than 4.0% for the third consecutive month in October. From October 2006 through October 2007, wages increased most in Newfoundland (8.4%), Alberta (7.1%), and Saskatchewan (6.2%). However, wages remained sluggish in British Columbia (1.8%) and Prince Edward Island (0.1%).